Leonardo Gambacorta

Leonardo Gambacorta

Head, Innovation and the Digital Economy
Monetary and Economic Department

Leonardo Gambacorta is the Head of the Innovation and the Digital Economy unit at the BIS. Before taking up his current position, Leonardo was Research Adviser (2014-2018) and Head of Monetary Policy (2010-12) in the Monetary and Economic Department. Previously, he was Head of the Money and Credit Unit (2007-09) and Head of the Banking Sector Unit (2004-06) of the Research Department of the Bank of Italy. He was a visiting scholar at the National Bureau of Economic Research (2002-03). He holds an MSc in Economics from the University of Warwick and a PhD in Economics from the University of Pavia. His main interests include monetary transmission mechanisms, the effectiveness of macroprudential policies in curbing systemic risk, and the effects of technological innovation on financial intermediation. He is a research fellow of the Centre for Economic Policy Research.

Fields of interest

  • Finance
  • Monetary policy
  • Central banking

Apr 2019

Other authors: Jon Frost, Yi Huang, Hyun Song Shin and Pablo Zbinden

BIS Working Papers   | No 779
Nov 2018

Other authors: Michael Brei and Giovanni Ferri

BIS Working Papers   | No 756
Oct 2018

Other authors: Pierre-Richard Agénor, Enisse Kharroubi and Luiz Awazu Pereira da Silva

BIS Working Papers   | No 752
Sep 2017

Other authors: Ryan Niladri Banerjee and Enrico Sette

BIS Working Papers   | No 662
Sep 2017

Other authors: Codruta Boar, Giovanni Lombardo and Luiz Awazu Pereira da Silva

BIS Quarterly Review   | September 2017
Jun 2017

Other authors: Yener Altunbas and Mahir Binici

BIS Working Papers   | No 646
Jun 2017

Other authors: Stefan Avdjiev, Linda Goldberg and Stefano Schiaffi

BIS Working Papers   | No 644
Jun 2017
May 2017

Other authors: Andrés Murcia Pabón

BIS Working Papers   | No 636
Apr 2017

Other authors: Vittoria Cerasi, Sebastian M Deininger and Tommaso Oliviero

BIS Working Papers   | No 630